Business Standard

Hubtown Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

361.80 cr

Price Range (₹)

540

Lot Size

12

Min Investment (₹)

6,480.00

Listing Exchange

MumbaiNSE

Open Date

15-Jan-2007

Close Date

19-Jan-2007

Listing Date

07-Feb-2007

Hubtown Ltd News

    The Shares of Hubtown Ltd have now been listed.

    Hubtown Ltd IPO Details

    Public issue of 67,00,000 equity shares of Rs. 10 each of Akruti Nirman Limited (ANL, company or issuer) for cash at a price of Rs.540/- per equity share (including a share Premium of Rs.[*] Per equity share) aggregating Rs.361.80 Crores (the issue). The issue shall Constitute 10.04% of the post-issue capital of our company.Issue Price Rs.540/- Per equity share of face value Rs.10.The issue price is 54 Times of the face value

    Objective of issue

    Acquis. of lands/rights in lands or Development. Development & Construction cost for Projects. Repayment of loans of the Company. General Corporate Purposes.

    Hubtown Ltd Contact Details

    Hubtown Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - investorcell@hubtown.co.in

    Website - www.hubtown.co.in